Category: UAE Company Setup
World Environment Day – good for the world, good for your company
“I’d love to save the planet but the health of my business comes first.” If that is your response to the proposition of taking sustainability seriously, you’re not alone. However, lowering your company’s carbon footprint, reducing waste and encouraging sustainable good practice among your workforce and suppliers can reap significant economic benefits. Here, we look at how.
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What’s on offer? How to source finance for your UAE startup or SME
Ask entrepreneurs in the UAE what they most need to upscale their business and the majority are likely to say ‘finance’. Sourcing finance in the early stages of growth is fundamental in taking a company to the next level. It helps business owners to avoid cash-flow problems and barriers to expansion. To help you assess the different forms of business finance in the UAE, we’ve pulled together some of the more interesting options open to entrepreneurs looking to take a startup or SME to the next level.
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Do entrepreneurs need to take risks to succeed?
‘People who take risks are more likely to succeed as entrepreneurs.’ If you’re thinking about starting your own business, you’ve probably come across this theory before. Usually while learning about the rags-to-riches backstory of your favourite entrepreneur, who, at some point, took a lot of risks which paid off. So is success just a case of daring to do something, or is it more complicated than that? Here are some tell-tale signs of entrepreneurial risk-takers.
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How to write the perfect business plan for your UAE startup
A business plan helps you decide if your entrepreneurial idea has potential, helps you improve your business concept and is normally essential for accessing funding. And if you’re planning to start up a new business in Dubai or the UAE, having a business plan is more than just a ‘nice-to-have’. In certain scenarios, having a business plan is a requirement, without which you won’t be able to start your company at all. Here we look at how to write the perfect business plan for your UAE startup
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Big money: How to launch your UAE company targeting high net worth individuals
If your background is in industries that target high net worth individuals (HNWIs), the UAE presents a highly attractive destination for your services. Whether you provide financial management, luxury goods, healthcare or entertainment, the country’s fast-growing HNWI population means demand for your business is huge – and it’s only set to grow. Here we discuss why you should set up a company to target this sector in the UAE and how to go about it.
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Missing something? Why great entrepreneurs lack certain traits
You know by now that an entrepreneur should be bold, and that thriving in uncertainty and having strong vision are all important parts of the success you desire. But what do most entrepreneurs lack, and are those deficiencies to their benefit? Here we dig into this topic to uncover interesting truths that underpin the success and failure you may experience in business.
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How to choose the right business activity for your UAE company
When starting a new business, entrepreneurs are faced with a number of important decisions. One of the first that you’ll need to make when setting up in the UAE is choosing which business activity you are going to trade under. Essentially, this is a question of the industry you are going to trade in and the types of activities you wish to undertake. Your chosen activity will determine not only the type of business you are permitted to carry out but also, in some cases, the area in which you can set up. Here we look at everything you need to know to make this decision.
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Applying for a visa through Sharjah Media City Free Zone (Shams)
The UAE’s free zones are hugely popular with entrepreneurs from around the world. Offering a host of benefits such as 0% corporate and personal tax, 100% company ownership, 100% repatriation of capital and profits, no currency restrictions, and 100% import and export tax exemption, it’s not hard to see why. Each free zone also has its own unique set of business advantages that differentiate it from others in the region. Take Sharjah Media City Free Zone (Shams) for example. Here’s everything you need to know before you apply for a visa through Shams.
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Welcome to the world: Are you ready for your UAE company to go global?
Your business is booming, profit is increasing, your company is growing. It’s an exciting time. So is it now time to look at global markets? Here we examine the practical steps you can take to prepare for the challenges ahead.
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A step-by-step guide to securing your UAE free zone visa
There are plenty of entries on the entrepreneur’s to-do list, particularly when establishing a company overseas. One of the most pressing is the matter of visas – not just for business owners but for their employees, family members and domestic staff. Fortunately, here in the UAE, applying for visas is simple – particularly when you set up in one of the nation’s free zones. Free zone authorities or a company formation specialist can work with you on every step of the process to ensure your application is completed correctly and to help you to avoid any unnecessary delays.
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